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Pension Schemes Act 2021
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Rhagor o Adnoddau
Changes over time for: Paragraph 21
Alternative versions:
- 11/02/2021- Amendment
- 01/08/2022- Amendment
- 01/08/2022
Point in time
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Point in time view as at 01/08/2022.
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There are currently no known outstanding effects for the Pension Schemes Act 2021, Paragraph 21.
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Nodiadau Esboniadol
21N.I.In Schedule 2 (the reserved regulatory functions), after Part 4 insert—
“PART 4A N.I.Functions under Part 2 of the Pension Schemes Act 2021
44AThe power to give a direction under section 74(2) (direction to obtain actuarial valuation or take other steps to remedy or mitigate failure in relation to a collective money purchase scheme).
44BThe power to give a direction under section 80(6) (direction to implement proposals in a resolution plan).
44CThe power under section 81 to withdraw authorisation of a collective money purchase scheme.
44DThe power to give a direction under section 92(4) (direction to pursue a continuity option).
44EThe power to make a pause order under section 95.
44FThe power to make an order under paragraph 2(2) of Schedule 5 extending the period for which a pause order has effect.
44GThe power to make an order under paragraph 3 of Schedule 5 validating action taken in contravention of a pause order.
44HThe power to make an order under paragraph 4(3) of Schedule 5 directing the notification of members or employers.”
Commencement Information
I1Sch. 6 para. 21 in force at Royal Assent for specified purposes, see s. 131(3)(a)
I2Sch. 6 para. 21 in force at 1.8.2022 in so far as not already in force by S.R. 2022/197, art. 3(a)
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